Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  As a result of recent comments from a number of Federal Reserve officials there is a growing consensus that it is possible that we could see a rate hike in late April which is when they meet next.  This is in stark contrast to comments made by Fed Chairwoman, Janet Yellen only a few weeks ago.    

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month.  David welcomes your feedback in the comment section below.

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Mortgage rates started moving lower this past week breaking a four-week trend of moving higher.  There are a number of factors that are going to continue to play into the direction of interest rates one of which is this is an election year. While the Federal Reserve is supposed to be politically neutral, they also don't want to be viewed as being unnecessarily aggressive by raising interest rates.    

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month.  David welcomes your feedback in the comment section below.

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  This is what happened this week with mortgage rates and housing. Existing Home Sales came in lower than expected but New Home Sales came in better-than-expected. Mortgage rates reversed a four-week trend and started moving lower again.    

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month.  David welcomes your feedback in the comment section below.

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Thankfully, New Home Sales came in better than expected which should encourage home builders to keep building more homes, which, in turn, helps the economy as well as helps housing inventory shortages.

    

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month.  David welcomes your feedback in the comment section below.

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  We are hoping for a strong New Home Sales report today especially after Monday's disappointing Existing Home Sales report.

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month. David welcomes your feedback in the comment section below.

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  We were very disappointed to learn that yesterday's Existing Home Sales number came in much lower than expected. The National Association of Realtors blamed low inventories and higher prices for this decline.

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month. David welcomes your feedback in the comment section below.

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  There is not as much on this week’s economic calendar but we do have two very important number home sales numbers that will give us insights to how the Spring home buying season could be starting off. 

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month.  David welcomes your feedback in the comment section below.

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  When you look at the latest homebuilder survey and housing starts numbers, we are encouraged by what we see. However, when you compare the latest housing starts numbers to where these numbers were in the previous economic recovery, we should be further along, especially given how low interest rates are.  This suggests this is a weak recovery at best, at least with housing.

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month.  David welcomes your feedback in the comment section below.

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  This past week we received a positive homebuilder survey as well as better-than-expected housing starts report. However, there's more to this story as it relates to the new home construction trends.

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month.  David welcomes your feedback in the comment section below.

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  This week we learned that homebuilders feel good about the overall prospects of continuing to build new homes and housing starts came in better than expected. The Federal Reserve announced this week that they're going to hold interest rates at their current levels.

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month. David welcomes your feedback in the comment section below.